TASA Code Determinations from 1 August 2024
Tax practitioner code reformed via Code Determinations — false + misleading statements + supervision + breach reporting.
Who must comply
All registered tax + BAS agents.
What triggers it
Continuous obligations + breach events.
When due
Ongoing; significant breach notifications within 30 days.
Evidence required
Internal compliance framework + breach register + supervision arrangements.
Max penalty
—
Effective from
1 August 2024
Summary
Tax Agent Services (Code of Professional Conduct) Determination 2024 commenced 1 August 2024. Strengthened obligations re: confidentiality, false + misleading statements, supervision + arrangements, breach reporting to TPB.
Enforced by
Source legislation
Topics
Source: https://www.tpb.gov.au/news/code-of-professional-conduct-determination. Rules Mate is not a law firm. Always verify against the live regulator source before acting.